IAI further delays IPO
Israel Aerospace Industries (IAI) is for the time being shelving its public offering. Plans for the offering started to be made two-and-a-half years ago. Underwriters were chosen, and it was believed that the state would…
Browsing Tag
IAI
Transcend Air Taps IAI North America as Defense Partner
Article content Collaboration to Aid Militarization and Marketing of Transcend Air’s Vy High-Speed VTOL Aircraft Article content BOSTON — Transcend Air Corporation today announced that it has executed a Memorandum of Understanding…
IAI teams with Australian co on missile defense
Israel Aerospace Industries (IAI) has signed a memorandum of understanding (MoU) with Australian defense company Daronmont Technologies, to deliver advanced air and missile defense capabilities as part of the Australian…
IAI to move Ashdod operations to Beersheva
Israel Aerospace Industries (IAI) board of directors has taken the decision to move its land military systems development and production center from Ashdod to Beersheva. In the first stage between 200 and 300 employees,…
IAI recruitment campaign reaches 4m on social media
To illustrate his main preoccupation at work, Israel Aerospace Industries chief relationship officer Gili May points at a picture of the Ofek 16 satellite, which was launched during the Covid pandemic. May, who…
IAI signs $200m special mission aircraft deal with NATO country
Israel Aerospace Industries has reported that it has signed a contract worth over $200 million to provide special mission aircraft to a NATO member country in Europe. The aircraft will be developed by IAI and its…
IAI unveils multi-mission, multi-sensor system
Israel Aerospace Industries (IAI) has unveiled its latest tactical multi-mission, multi-sensor system: the Green Lotus. The system is designed to provide high performance counter-rocket, artillery and mortar (C-RAM) and…
IAI Q1 net profit jumps 86%
Israel Aerospace Industries (IAI) posted another record quarter in the first quarter of this year. Net profit jumped 86% in comparison with the first quarter of 2021 to $78 million. Operating profit rose 58% to $106…
IAI, Hyundai to supply Philippines with naval radar systems
Israel Aerospace Industries (IAI) and Hyundai Heavy Industries have signed an agreement to supply the Philippine Navy with IAI’s ALPHA 3D Radar Systems. The systems will be integrated on the Philippine Navy’s new Corvette…
B767 to be converted into Multi Mission Tanker Transport aircraft by HAL and IAI
Soon the B 767 class of civil aircraft will be converted into a refueling aircraft which will have cargo and transport capabilities to be used by the Indian Air Force (IAF). The conversion solution will be made available in India under a…